Will RBI's Policy Stance Turn?

Jan 07 2014

January 7: Keki Mistry, Vice-Chairman & CEO, HDFC, says that he sees no rate cuts in the first three months of 2014. “RBI Governor Raghuram Rajan will not risk cutting rates when Federal Reserve’s QE taper gets underway,” he adds. Further sharing his outlook for home loan borrowers, Mistry says, “We see little change in interest rates in the first three months of CY14.”